Industry News

financial

Financial crime trends to watch out for in 2023

With the financial world becoming ever more interconnected with digital and technological innovations, the spectre of financial crime looms potentially larger than ever.
Tesla-Insurance-reports-strong-growth

Tesla Insurance reveals strong growth

Tesla Insurance has reportedly revealed its Q4 2022 results which indicate that the business is growing.
regulatory

Are regulatory inefficiencies holding back the UK?

A new report from TheCityUK has found that financial regulatory authorisations at the FCA and the PRA can be slow and inefficient.
Is AI’s use in transaction monitoring changing?

Is AI’s use in transaction monitoring changing?

AI’s use in transaction monitoring has not always been welcomed, but the market is changing, and it is quickly becoming core to these processes.
AI-tools-such-as-ChatGBT-to-drive-digital-transformation-of-insurance-industry

AI tools such as ChatGPT to drive digital transformation of insurance, COVU says

Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
Encora-acquires-Excellarate-to-strenghten-capabilities-insurtech-fintech-healthtech

Encora acquired Excellarate to strengthen InsurTech, FinTech and HealthTech

Encora, a global next-generation product engineering provider, has acquired global technology solutions provider Excellarate to strengthen its capabilities in InsurTech, FinTech and HealthTech.
wealth

BMO Wealth Management picks FactSet as primary data provider

BMO’s wealth management division has chosen FactSet, a global financial digital platform, as its primary market data provider.
Copper

Copper names former UK Chancellor Phillip Hammond as chair

Copper, a provider of institutional digital asset custody and trading solutions, has named former UK Chancellor Phillip Hammond as chair of the company.
ESG-Web3-&-embedded-finance-top-investing-priorities-in-finance

ESG, Web3 & embedded finance top investing priorities in finance

C-suite executives plan to invest significantly into Web3, ESG frameworks and embedded finance during 2023, according to new research from FIS.
Majesco-selected-by-boston-mutual-to-enhance-customer-experience-and-modernise-its-platform

Majesco selected by Boston Mutual to enhance the customer experience

Majesco, a provider of cloud insurance platform software for insurance business transformation, has been selected by Boston Mutual Life to modernise its core platform.

News Stories

Energy shock hits Europe: Prometeia

Energy shock hits Europe: Prometeia

Italy's economic outlook has deteriorated following a sharp rise in energy prices, triggered by disruptions to shipping through the Strait of Hormuz and escalating...

CLO market 2026: How investor strategies are shifting

The collateralised loan obligation (CLO) market is undergoing a significant transformation in 2026, with investors moving away from broad macroeconomic indicators and towards more...
Wtp shifts pension accountability to insurers

Wtp shifts pension accountability to insurers

WealthTech company Kidbrooke has outlined why the Netherlands' transition to the Wet toekomst pensioenen (Wtp) has redrawn the lines of accountability in pension communication.   In...

Insurteam raises $1.3m to expand MGA ops in Europe

Switzerland-based InsurTech firm Insurteam, a travel insurance automation specialist, has closed a $1.3m funding round to accelerate its European expansion, according to VentureLab. The capital...
PeakMetrics raises $6m Series A for AI narrative intel

PeakMetrics raises $6m Series A for AI narrative intel

PeakMetrics, an AI-driven narrative intelligence platform serving enterprises, government agencies and public sector teams, has closed a $6m Series A funding round, bringing its...

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